Housing speculators in Wenzhou hit by plummeting prices2014-02-14
The resale market for housing in Wenzhou was badly hit following the government's second round of cooling measures announced in September 2010, with the city having posted the country's sharpest decline in prices after recording the highest appreciation, China Central Television (CCTV) reports.
CBRC to approve private investment in banking sector2014-01-07
China's banking regulator will approve up to five private banks this year under a trial to allow private funds to invest in the sector as the country seeks to further liberalize the financial industry in a bid to bolster its slowing economy.